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Tag Archives: foreclosure

If a fire started in your home, wouldn’t you hope your local fire department would do everything it could to put those flames out? Imagine suggesting that that better approach might be to allow the fire to burn itself out. Now imagine if that same do-nothing approach were to be applied to our nation’s housing […]

In February, the Obama Administration joined a bipartisan coalition of 49 state attorneys general to strike a $25 billion settlement with the nation’s five largest mortgage servicers. The settlement was a historic step forward to help struggling homeowners and hold banks accountable – and already, families are starting to see results. As CNNMoney reported this […]

Tomorrow, the White House, HUD, and Neighborworks will join together to honor eleven housing counselors and HUD-approved organizations as Champions of Change for their hard work, perseverance and dedication to their communities. Their outstanding commitment and achievement represent the work of thousands of housing counselors across the country. From preventing the foreclosure of homes to […]

American families are all too familiar with the story: just when they thought they had achieved the dream of owning their own home, abuses in the financial and mortgage sector came back to haunt them and sent them spiralling into foreclosure – often through no fault of their own. Countless other families are still struggling […]

Have a question about buying a home, rental assistance or foreclosure but English is not your first language? HUD can help with its new HUD Language Line, a live telephone interpretation service that will allow HUD staff to converse with the public in almost any language. To help HUD staff better communicate with Limited English […]